Category Archives: Crude Oil

Stratfor: The Global Drop in Oil Prices

Posted on November 1, 2014 by macromon

Stratfor Vice President of Global Analysis Reva Bhalla and Global Energy Analyst Matt Bey discuss highlights of an upcoming series on the geopolitical impact of oil below $90 a barrel. For more analysis, visit: http://www.Stratfor.com (click here if video is … Continue reading →

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Oil on troubled markets – FT

Posted on October 23, 2014 by macromon

The FT’s John Authers reports from New York as shares in energy companies drop alongside a sharp fall in oil prices. Supply of oil was higher than expected, pushing prices further down. Click here for more Authers Note videos http://video.ft.com/Authers-Note … Continue reading →

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Opec resists falling oil prices action – FT

Posted on October 22, 2014 by macromon

Oil prices are down 25 per cent since mid-June, with Saudi Arabia, Opec’s largest producer, resisting a production cut. Standard Chartered’s Paul Horsnell discusses with Anjli Raval if some members that are suffering more will be demanding action. For more … Continue reading →

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US oil exports: step change ahead? – FT

Posted on August 27, 2014 by macromon

Many US producers are pushing to loosen the country’s ban on crude oil exports. The FT’s Anjli Raval asks Jason Bordoff, former Obama advisor and current director for the Center on Global Energy Policy at Columbia University, about the likelihood … Continue reading →

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Shale Plays

Posted on August 9, 2014 by macromon

Great article and graphic in Monday’s Investor’s Business Daily about the country’s shale plays and how Texas is becoming a top oil producing region. Oil coaxed from the rapidly developing Eagle Ford and Permian Basin production areas recently lifted the … Continue reading →

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ISIS Selling Black Market Crude for $30 bbl

Posted on August 7, 2014 by macromon

A friend sent over the following article from EnerCom Consulting quoting Reuters that Exxon and Chevron evacuated their staffs from Iraqi Kurdistan this morning.   They also reported, ABC News reports that analysts estimate ISIS currently makes $1 million a day … Continue reading →

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Money talks – Economist

Posted on May 12, 2014 by macromon

Good discussion on the world liquefied natural gas market. This week: Creating a world liquefied natural gas market, paying people to switch the power off, and environmentally friendly caviar. – Economist (click here if video is not observable)  

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Gas expenditures as % income at 30-year high

Posted on February 19, 2013 by macromon

Paid over $4.00 a gallon this weekend.  This high this early in the year brings the gas price back on the macro radar screen. The EIA notes, Gasoline expenditures in 2012 for the average U.S. household reached $2,912, or just … Continue reading →

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Trannies Leading Crude Oil Higher

Posted on January 22, 2013 by macromon

We’ve posted (see here) how the Dow Jones Transportation Index can be a leading indicator for the downside direction of crude.   It makes sense as the transportation sector consumes over 70 percent of U.S.  petroleum production and imports.  See chart. … Continue reading →

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Venezuela Leadership Concerns

Posted on January 15, 2013 by macromon

It was just three months ago that a majority of Venezuelans re-elected their charismatic and controversial president – only to see his cancer return. At the Quinta Crespo Market in Caracas, people go about their business as usual, even in … Continue reading →

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